.: Hi All,Is there any way to structure a private lending arrangement so that income is considered passive (by IRS standards) and can offset accumulated schedule E losses?

My recommendation is that you make it a tenant responsibility in the written lease, then send reminders every 3-6 months, depending on the schedule.

Hello, i have a tenant in Phoenix AZ area, that has been late in paying rent for last 2 years, due to me being out of state and schedule i finally decided to evict him.

Nate is routinely active in the chats answering questions and adding content.

Covering most of the routine maintenance items here. 

Distribution for Partners are track on the IRS Schedule K-1 in the Partner’s Capital Account Analysis section.

"what does your M-F schedule look like" "how do you decompress at the end of a long day?"

While you can't create limitations against their lease and legal rights they have for quiet enjoyment, things like keeping common areas free of clutter or routine maintenance items that are tenant responsibility can often be added to help keep the expectations on both parties clear.

The tax return you have should have a 'carry-over' schedule providing details as to what is carried forward to the next year, whether it be an NOL or a capital loss carryforward.As Michael mentioned above, there is no carrybacks at the moment.

Constantly juggling guest messages, cleaning schedules, and last-minute bookings can turn the dream of passive income into a daily grind.But with the right automation tools, STR management can be not only hands-off but also more profitable.